Group 1: Robotics Sector - The robotics concept continues to rise, with companies like Haozhi Electromechanical (300503) hitting the 20% limit up within just 3 minutes of trading [2] - Other stocks in the sector, including Shoukai Co., Daye Co., and Fenglong Co., also reached their limit up, indicating strong market interest [2] - Efort-U saw an increase of over 14%, while Zhejiang Rongtai and Julun Intelligent also experienced gains [2] Group 2: Commercial Aerospace - On December 25, Hangzhou Yundongchu Technology Co., completed a multi-hundred million yuan Pre-IPO financing round, led by the National Artificial Intelligence Industry Fund with participation from JD.com [4] - The commercial aerospace sector is also seeing significant growth, with Chaojie Co. (301005) quickly reaching the 20% limit up, alongside other companies like Guanglian Aviation and Boyun New Materials [4] - The Tianlong III reusable rocket, developed by Tianbing Technology, is set to conduct its maiden flight soon, further boosting interest in the commercial aerospace industry [4]

12月25日，人形机器人概念走高，万向钱潮、天奇股份涨停，拓斯达、埃夫特、昊志机电等涨超5%。 ...

Group 1 - The core viewpoint of the news is that Haoshi Electromechanical has shown significant stock performance, with a year-to-date increase of 89.17% and a recent market capitalization of 11 billion yuan [1] - As of December 24, the stock price reached 35.69 yuan per share, with a trading volume of 2.22 billion yuan and a turnover rate of 2.61% [1] - The company has experienced a net inflow of main funds amounting to 15.09 million yuan, with large orders contributing to a total buy of 43.65 million yuan [1] Group 2 - Haoshi Electromechanical operates in the mechanical equipment sector, specifically in general equipment and other general equipment categories, and is involved in commercial aerospace, servo systems, and sensors [2] - For the period from January to September 2025, the company reported a revenue of 1.143 billion yuan, reflecting a year-on-year growth of 18.10%, and a net profit attributable to shareholders of 122 million yuan, up by 50.40% [2] - The company has distributed a total of 100 million yuan in dividends since its A-share listing, with 16.22 million yuan distributed over the past three years [3]

名称：广州市昊志机电股份有限公司 关于完成工商变更登记并取得换发营业执照的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或者重大遗漏。 广州市昊志机电股份有限公司（以下简称"公司"）分别于 2025 年 10 月 28 日和 2025 年 11 月 20 日召开第五届董事会第二十次会议和 2025 年第一次 临时股东大会，审议通过了《关于变更注册资本及修订<公司章程>的议案》， 鉴于公司完成了 2024 年限制性股票激励计划首次授予部分第一个归属期的股份 归属登记工作，公司总股本由 306,072,836 股变更为 308,226,785 股，同意公司 将注册资本由 306,072,836 元变更为 308,226,785 元和修订《公司章程》等相关 事项，并同意授权董事会办理相关工商变更（备案）登记手续。 公司于 2025 年 12 月 8 日召开职工代表大会，经与会职工代表审议，同意 选举汤志彬先生作为公司第五届董事会职工代表董事。汤志彬先生将与公司 2023 年第二次临时股东大会选举产生的第五届董事会的非职工代表董事共同组 成公司第五届董事会，任期至公司第五届 ...

Core Viewpoint - The company, Haozhi Electromechanical, has announced its external guarantee balance as of the disclosure date, amounting to RMB 189.4 million, which represents 15.92% of the latest audited net assets attributable to shareholders [1] Summary by Relevant Sections - **External Guarantee Amounts** - The total external guarantee amount is RMB 199.4 million after the latest guarantees, accounting for 16.76% of the latest audited net assets attributable to shareholders [1] - The company has provided guarantees for its wholly-owned subsidiaries: - RMB 82 million for Xianlong Electric - RMB 7 million for Guangzhou Haozhi Transmission Machinery Co., Ltd. - RMB 5 million for Guangzhou Haozhi Robot Co., Ltd. - Xianlong Electric has provided a guarantee of RMB 95.4 million for the company [1] - **Legal and Financial Status** - The company has no overdue external guarantees - There are no external guarantees involved in litigation - The company has not incurred losses due to guarantees resulting in adverse judgments [1]

截至发稿，昊志机电市值为111亿元。 每经AI快讯，昊志机电（SZ 300503，收盘价：36元）12月17日晚间发布公告称，为满足广州市昊志机 电股份有限公司（以下简称"公司"）经营发展需要，公司向企业银行（中国）有限公司（以下简称"企 业银行"）申请授信。公司全资子公司岳阳市显隆电机有限公司（以下简称"显隆电机"）与企业银行签 订《保证合同》，为公司上述授信业务项下公司应承担的债务提供不超过人民币1000万元的连带责任保 证。 每经头条（nbdtoutiao）——"太空快递"来了？全国首个民营飞船成功"上天"！背后公司创始人：正积 极开发"中型货运飞船"低成本产品 本次担保属于全资子公司为母公司提供担保，全资子公司显隆电机已履行了其内部审批程序，根据《深 圳证券交易所创业板股票上市规则》和《公司章程》等相关规定，本次担保事项无需提交公司董事会或 股东大会审议。 （记者 王晓波） 截至本公告披露日，公司已开展的对外担保额度余额为人民币约1.89亿元，占公司最近一期经审计归属 于上市公司股东的净资产的比例为15.92%，包括公司为合并范围内全资子公司显隆电机提供担保额度 为人民币8200万元、公司为控股子公司 ...

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或者重大遗漏。 一、担保情况概述 为满足广州市昊志机电股份有限公司（以下简称"公司"）经营发展需要， 公司向企业银行（中国）有限公司（以下简称"企业银行"）申请授信。公司全 资子公司岳阳市显隆电机有限公司（以下简称"显隆电机"）与企业银行签订《保 证合同》，为公司上述授信业务项下公司应承担的债务提供不超过人民币 1,000 万元的连带责任保证。 本次担保属于全资子公司为母公司提供担保，全资子公司显隆电机已履行了 其内部审批程序，根据《深圳证券交易所创业板股票上市规则》和《公司章程》 等相关规定，本次担保事项无需提交公司董事会或股东大会审议。 二、被担保人基本情况 1、企业名称：广州市昊志机电股份有限公司 证券代码：300503 证券简称：昊志机电 公告编号：2025-088 广州市昊志机电股份有限公司 关于全资子公司为公司提供担保的公告 公司全资子公司显隆电机与企业银行签订了《保证合同》，主要内容如下： 2、统一社会信用代码：91440101795545871B 3、企业类型： 股份有限公司(上市、自然人投资或控股) 4、法定 ...

Core Viewpoint - The company, Haozhi Electromechanical, has a diverse product range that serves multiple industries, indicating a strong market presence and potential for growth [1] Product Range - The company's products include spindles, turntables, linear motors, harmonic reducers, CNC systems, servo motors, drivers, sensors, encoders, and hydrogen fuel cell air compressors, among others [1] - These products are utilized across various sectors such as automotive manufacturing, metal products, food and beverage, 3C (computer, communication, and consumer electronics), pharmaceuticals, and logistics [1]

Summary of Haoshi Electromechanical Conference Call Industry and Company Overview - **Company**: Haoshi Electromechanical - **Industry**: Commercial aerospace, PCB drilling and forming equipment, robotics, and automation Key Points and Arguments - **Commercial Aerospace Applications**: Haoshi's liquid oxygen-methane engine motors are utilized in Blue Arrow rockets, with each engine valued at approximately 4 million yuan. It is expected that 30% of the motors will need replacement after each recovery due to wear and tear, indicating a potential increase in value as rocket capacity expands and new products are developed [2][4][13][18] - **Growth Projections**: The company anticipates a nearly 90% revenue growth in 2025, with a further 100% increase expected in 2026. This growth is driven by advancements in AI and changes in the Apple supply chain, which are projected to boost spindle business by 40%-50% [2][3][6] - **Acquisition Impact**: The acquisition of a European automation group in 2020 has stabilized revenue at around 300 million yuan annually. However, inflation has led to losses, with expectations of returning to profitability by 2026 [2][7] - **Production Capacity Expansion**: Due to unexpected demand from the AI market, Haoshi has invested nearly 100 million yuan in new equipment to double production capacity by February 2026 [2][9][10] - **Market Share in Apple Supply Chain**: Haoshi holds over 60% market share in the glass and touch screen polishing market, with expected growth in spindle business from 100 million yuan in 2025 to 200 million yuan in 2026 [2][11] - **Joint Ventures**: A joint venture with Fengze Sheng aims to invest in high-end linear guide rail projects, expected to generate 150 million yuan in revenue by March 2026 [2][14] - **Overall Performance Expectations**: The company forecasts a 40%-50% increase in overall performance for 2026, with revenues projected to reach around 2.3 billion yuan, primarily driven by the industrial mother machine and robotics sectors [3][15] Additional Important Insights - **Commercial Space Development**: Haoshi is focusing on expanding its customer base in the commercial aerospace sector and enhancing product technology to meet growing market demands [16] - **Competitive Advantages**: Haoshi's products are competitively priced, approximately 30% cheaper than those from state-owned manufacturers, providing a significant advantage in the commercial aerospace market [19] - **Collaborations in Robotics**: Ongoing collaboration with Lens Technology, a key player in the Apple supply chain, is expected to strengthen as Lens builds a large factory for robotics components [20] - **Satellite Sector Plans**: Haoshi is exploring opportunities in the satellite sector, with plans to develop motor systems for satellite movement and power, expected to commence in 2026 [21]

Industry Overview - The humanoid robot industry is accelerating mass production by 2025, with companies like Zhiyuan achieving deliveries in the thousands and a significant increase in the localization rate of core components [1] - Continuous support from domestic and international policies is driving both market enthusiasm and the commercialization process [1] - The industry trend is expected to provide dual drivers for performance and valuation in the sector, according to a report from CITIC Securities [1] Market Performance - Siling Co., Ltd. has seen a maximum stock price increase of 329% year-to-date, while Haoshi Electromechanical has experienced a 134% increase [1] Component Cost Analysis - In the humanoid robot supply chain, the cost breakdown for various components includes: - Actuators: 1% cost share, with companies like Sanhua Intelligent Control and Top Group involved [2][3] - Frameless torque motors: 4% cost share, with companies such as Buke Co., Haoshi Electromechanical, and Leisai Intelligent [2][3] - Harmonic reducers: 5% cost share, with companies like Green Harmonic, Hanyu Group, Siling Co., and Fengli Intelligent [2][3] - Encoders: 2.7% cost share, with companies including Inovance Technology and Aopu Optoelectronics [2][3] - Bearings: 1.2% cost share, with companies like Lixing Co., Southern Precision, and Guoji Precision [2][3] Company Highlights - Haoshi Electromechanical is focusing on building a second growth curve through its robotics business, which includes a robust "N+1+3" business system [4] - The company has achieved significant improvements in transmission precision and reduced noise levels in its products, positioning itself competitively in the market [4] - Buke Co. is recognized as a domestic leader in frameless torque motors, with projected sales of approximately 24,000 units in 2024 [5] - Siling Co. is a leading domestic company in harmonic reducers, with a focus on applications in industrial and humanoid robots [5] - Green Harmonic holds a 26% market share in the domestic harmonic reducer market, with robot-related revenue constituting over 80% of its total income [6]